Frontdoor (FTDR) COO Iverson exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontdoor, Inc. executive Evan Iverson reported routine equity compensation activity. He exercised restricted stock units that converted into 9,001 shares of common stock across March 25 and March 27, 2026. A total of 2,463 shares were withheld to cover tax liabilities, and he now directly holds 13,414 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,001 shares exercised/converted
Mixed
6 txns
Insider
Iverson Evan
Role
SVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,785 | $0.00 | -- |
| Exercise | Common Stock | 3,785 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,036 | $55.84 | $58K |
| Exercise | Restricted Stock Units | 5,216 | $0.00 | -- |
| Exercise | Common Stock | 5,216 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,427 | $59.25 | $85K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 14,450 shares (Direct)
Footnotes (1)
- Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. Includes 277 aggregate shares of the Company's common stock acquired under the Frontdoor, Inc. 2019 Employee Stock Purchase Plan on December 31, 2025. Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units. Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 25, 2024 and vest and settle in three equal installments on March 25, 2025, 2026 and 2027, subject to continued service with the Company.
FAQ
What did Frontdoor (FTDR) SVP Evan Iverson report in this Form 4?
Evan Iverson reported the vesting and conversion of restricted stock units into common stock, along with related tax withholding share dispositions. These transactions reflect routine equity compensation events rather than open-market buying or selling of Frontdoor, Inc. shares.
Were Evan Iverson’s Frontdoor (FTDR) transactions open-market purchases or sales?
The reported transactions were not open-market trades. They involved RSU conversions coded as M and tax-withholding dispositions coded as F, where shares were delivered to cover tax liabilities associated with equity compensation vesting rather than discretionary market buying or selling.